Rating based on 8 reviews

EC Loans

  • Loans bad credit up to R120,000
  • Low-interest starting from 28%
  • Repayment up to 84 months

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EC Loans homepage
Author EC Loans. Screenshot of EC Loans website.
[Accessed January 23, 2023]

About EC Loans

EC Loans is your bad credit loan provider when you need finance fast.

They started back in 2005 and their main goal was to be one of the best and most trusted online loan companies in South Africa with an effortless online loan application. They are associated with many well-known credit providers who provide credit to South Africans via the internet and mobile.

Use EC Loan applications

They are completely transparent and are a registered financial service provider that you can deal with in full confidence. If you can afford the loan and provide them with all the necessary details to apply for your bad credit loan online, there is no reason you should be declined.

They offer exceptional interest rates and repayment terms to ensure that you can manage payments easily which helps rebuild a bad credit record if you have one.

What type of loans does EC Finance offer?

At some time or another, you may need cash to solve a financial crisis, consolidate your debt, or you might even need money to go on a much-needed holiday. With EC Loans you will be spoiled with many different loan options to choose from, some of these loans include unsecured loans, bad credit loans, quick money loans and business loans.

EC Loans Services

EC Finance is the answer to all your financial troubles.

They offer loans that range between R1000 and R120,000. The repayments on your loan are tailored to suit your budget affordability. There are many different types of loans but the main two categories are unsecured loans and secured loans.

Personal loan options

Secured loans are for blacklisted individuals and those with bad credit ratings, and you may have to provide collateral for these types of loans. Where unsecured loans need no collateral to be put down.

Your safety and security are a priority

When applying online there are many scams and loan sharks out there charging high interest and difficult repayment terms. It is important to do research on the company you are dealing with.

A great tip is to compare the terms and conditions of the loan you want to apply for so that you have peace of mind about dealing with legitimate loan providers.

Maintain a good credit record

Pay off your loan according to repayment terms and if you make payments on time, it helps rebuild your credit rating. You will also not have any difficulty in future when you need to apply for loans.

EC Loans – Bad credit loan

  • Loan Type Loans bad credit
  • Interest Rate from 28%
  • Loan Amount up to R120,000
  • Repayment 12 months to 84 months

Benefits of EC Loans

  • Loans from R1000 to R120 000
  • Repayment terms between 12 and 84 months
  • Unsecured and blacklisted Loans
  • Easy online approval
  • 90% approval rate

Bad credit loan calculator

The interest rate of a loan will vary based on your credit score and risk profile.
This bad credit loan calculator is for illustration purposes only.
The use of this loan calculator is subject to our terms of use.

Borrow sensibly when you apply for online loans

It is always better to try and come to a solution with lenders when it happens that you are finding it difficult to manage your loan payments.

Therefore, it is crucial to carefully work out how much you wish to borrow and what you need. You can make use of the loan calculator to check what the repayments will be each month. It is tempting to borrow more than you need but at the end of the day, this will increase the number of your instalments.

Criteria to apply

  • South African citizen or a permanent resident
  • Above the age of 18
  • Valid identity document
  • You must earn a minimum of R1500 per month
  • Proof of residence
  • A bank account into which your salary is deposited

EC Loans are your helping hand when you need finance fast. They offer a variety of convenient online personal loans that you can apply for. They offer fast-tracked approval for loans of up to R120 000 irrespective of your credit score or whether you have been blacklisted, and you can easily apply today by completing an online application for the amount of money you need.

Follow these easy effortless steps to apply for a loan online:

Step 1: Visit their website and follow the simple steps to apply for a loan. 

Step 2: Supply them with your personal details.

Step 3: Your personal details will be verified, and an affordability assessment will be done.

Step 3: They will look for the lender that matches your requirements best.

Step 4: You will be contacted with a few bad credit loan online options that you can choose from.

Step 5: Once you have chosen a loan option that suits you best the final contract arrangements will be set in place.

Step 6: When the contract is signed, the loan amount will be deposited into your account.

Choose the right loan

In today’s difficult economic time people do not have desirable credit records, and this leads to over-in-debts and in some cases they even get blacklisted.

At EC Loans it does not matter what your circumstances are, they will do their best to ensure that you have access to the finance you need.

Customer Reviews & Testimonials

September 2019

Amazing services from EC Loans in helping me get the money I needed and delighted with their fast turnaround time for approval. I will certainly use their services again in the future and recomme...

Charlotte D
— Langebaan —

November 2019

Thank you EC Loans for helping me get finance when my business was experiencing cash flow problems. It’s great to know there are still companies out there offering a superior level of customer se...

Robert M
— Benoni —

EC Loans Contact

Physical Address

  • 14 Bloem St, Kraaifontein Cape Town Western Cape 7560 South Africa
  • Get Directions

Opening Hours

  • not available